US tariff war is fueling Vietnam's coal boom: Maguire
Published . Updated .
By Gavin MaguireA years-long trade war between the United States and China has helped shift manufacturing investment, factory output and export production into Vietnam, driving the Southeast Asian nation's coal-fired electricity generation to record highs.Vietnam's coal plants
Directly affected
- No company is named in this report.
Indirectly affected
- LMT Lockheed Martin+11.5%
Defense contractors get more work when conflict spending rises
- RTX RTX-0.4%
Defense contractors get more work when conflict spending rises
- NOC Northrop Grumman+5.3%
Defense contractors get more work when conflict spending rises
- GD General Dynamics-1.7%
Defense contractors get more work when conflict spending rises
- AAPL Apple+4.8%
Sales and supply chains are exposed to a new tariff
- NKE Nike+3.3%
Sales and supply chains are exposed to a new tariff
- ITA iShares U.S. Aerospace & Defense-6.7%
A fund of aerospace and defense companies
- BA Boeing-10.9%
Defense and aerospace orders move with conflict spending
- LHX L3Harris+2.1%
Defense contractors get more work when conflict spending rises
- HII Huntington Ingalls
Shipyards benefit when naval spending rises
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| LMT | -6.43% | -7.02% | base | +2.63% | after close | after close | after close |
| RTX | -0.33% | -0.66% | base | -1.72% | after close | after close | after close |
| NOC | -5.86% | -3.30% | base | -0.12% | after close | after close | after close |
| GD | -1.89% | -1.84% | base | -0.37% | after close | after close | after close |
| AAPL | -1.42% | -2.49% | base | -0.16% | after close | after close | after close |
| NKE | -3.09% | -1.10% | base | -2.57% | after close | after close | after close |
| ITA | +2.30% | +0.79% | base | -0.99% | after close | after close | after close |
| BA | +1.35% | +1.49% | base | +0.46% | after close | after close | after close |
| LHX | -2.26% | -2.14% | base | -0.08% | after close | after close | after close |
| HII | -2.62% | -2.41% | base | -1.68% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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US tariff war is fueling Vietnam's coal boom: Maguire TradingView
Source: TradingView
Taiwan Strait
| Company | When | Move | Status |
|---|---|---|---|
| AAPL | that day | -0.16% | final price |
| AAPL | three days earlier | -2.49% | final price |
| AAPL | five days earlier | -1.42% | final price |
| BA | that day | +0.46% | final price |
| BA | three days earlier | +1.49% | final price |
| BA | five days earlier | +1.35% | final price |
| GD | that day | -0.37% | final price |
| GD | three days earlier | -1.84% | final price |
| GD | five days earlier | -1.89% | final price |
| HII | that day | -1.68% | final price |
| HII | three days earlier | -2.41% | final price |
| HII | five days earlier | -2.62% | final price |
| ITA | that day | -0.99% | final price |
| ITA | three days earlier | +0.79% | final price |
| ITA | five days earlier | +2.30% | final price |
| LHX | that day | -0.08% | final price |
| LHX | three days earlier | -2.14% | final price |
| LHX | five days earlier | -2.26% | final price |
| LMT | that day | +2.63% | final price |
| LMT | three days earlier | -7.02% | final price |
| LMT | five days earlier | -6.43% | final price |
| NKE | that day | -2.57% | final price |
| NKE | three days earlier | -1.10% | final price |
| NKE | five days earlier | -3.09% | final price |
| NOC | that day | -0.12% | final price |
| NOC | three days earlier | -3.30% | final price |
| NOC | five days earlier | -5.86% | final price |
| RTX | that day | -1.72% | final price |
| RTX | three days earlier | -0.66% | final price |
| RTX | five days earlier | -0.33% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 30 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 30 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 17 Sep 2026. That is 36 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Pete Sessions sold Apple (AAPL) (held by a spouse), worth $100,001 - $250,000 on 22 Sep 2026. That is 31 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Kevin Hern sold Apple (AAPL) (held by a dependent child), worth $1,001 - $15,000 on 8 Sep 2026. That is 45 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Cleo Fields bought Apple (AAPL), worth $1,001 - $15,000 on 8 Sep 2026. That is 45 days before publication. Filed 1 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Nike (NKE), worth $15,001 - $50,000 on 28 Aug 2026. That is 56 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Nike (NKE), worth $15,001 - $50,000 on 27 Aug 2026. That is 57 days before publication. Filed 10 Sep 2026. View the filing.
- Rep. Kevin Hern sold Nike (NKE), worth $1,001 - $15,000 on 13 Aug 2026. That is 71 days before publication. Filed 1 Sep 2026. View the filing.
- Rep. Maria Elvira Salazar sold Boeing (BA), worth $1,001 - $15,000 on 24 Sep 2026. That is 29 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Boeing (BA) (jointly held), worth $15,001 - $50,000 on 13 Aug 2026. That is 71 days before publication. Filed 1 Sep 2026. View the filing.
- Rep. Kevin Hern sold Boeing (BA) (jointly held), worth $1,001 - $15,000 on 13 Aug 2026. That is 71 days before publication. Filed 1 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
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25 out of 100
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